Category Archives: What to Write in a Journal

Will Goldman Sachs ever break out?

Posted on December 16, 2013 by Stock Trade Journal

Goldman Sachs (GS) is trying to break out today again. It keeps failing around $172 but the charts show high probability it will succeed. In addition to the wedge, there is an inverse head and shoulders pattern that formed in … Continue reading →

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Rockwood Holdings tests and moving higher

Posted on December 6, 2013 by Stock Trade Journal

Rockwood Holdings (ROC) pulled back to test its break out level and it is continuing to move higher today. I have written several times in my trading journal how this kind of pull back followed by a strong continuation in … Continue reading →

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Bank of America Continues Higher

Posted on November 22, 2013 by Stock Trade Journal

BAC had a strong day yesterday that confirmed the break out last Tuesday along with the financial sector. I don’t see any significant supply in the chart until about $16.80 or so with my ultimate target of $20. Keeping my … Continue reading →

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When not to trade

Posted on November 21, 2011 by Stock Trade Journal

I find that remaining on the sidelines is just as important as identifying trading opportunities. I often follow a very simple strategy in volatile markets that keeps me out of trouble. Continue reading →

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Out of the sidelines

Posted on September 25, 2011 by Stock Trade Journal

I have been in the sidelines for a couple of months now trying to stay away from the chop. Oversold opportunities are begining to apear again and I am ready to put in some day trades. Continue reading →

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Get used to stops taking you out

Posted on June 4, 2011 by Stock Trade Journal

One of the few tools a trader has to control risk is the stop loss. Continue reading →

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Some Observations

Posted on May 23, 2011 by Stock Trade Journal

Japan moved lower close to the $9.70 price level that served as strong support on April 7th. It seems like the “Sell in May and Go Away” play is on. Continue reading →

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Trading is counter intuitive

Posted on January 21, 2011 by Stock Trade Journal

Some recent studies found that traumatic events are burned in our memories when there is a large amount of adrenaline in the human body. And we humans release adrenaline when we are scared or angy. Fear and anger are feelings that are also present when trading because we put our capital and our egos at risk. Continue reading →

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Know what works

Posted on December 13, 2010 by Stock Trade Journal

The ultimate measure of trading success is the bottom line. However, there are other key measurements and statistics in trading that can point to weaknesses in a trading plan.


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Why and what to journal

Posted on August 7, 2010 by Stock Trade Journal

Below are some links to posts that provide some guidance on why and what to write in a Journal. Continue reading →

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